Professor_Michael
--
Bearish
🚨$BIO /USDT TECHNICAL ANALYSIS – BEARISH BREAKDOWN IN PLAY 📉🚨
The $BIO /USDT pair is showing significant bearish momentum, currently trading at 0.3456 (-14.90%). A critical support zone at 0.3450 is being tested, with the next key support level at 0.3200. Resistance lies at 0.3800, with stronger resistance near 0.4200, where sellers have repeatedly defended.
📌 Trade Setup
Short Entry
Entry Range: 0.3500 - 0.3600
Target 1: 0.3300
Target 2: 0.3200
Stop Loss: 0.3700
Long Entry (Breakout Scenario)
Entry Range: 0.3800 - 0.3900
Target 1: 0.4000
Target 2: 0.4200
Stop Loss: 0.3650
🔎 Market Outlook
The price is trading below the key resistance zone of 0.3800, indicating strong downward pressure. A break below 0.3450 may open the door to lower levels at 0.3200, making short trades more favorable. However, a rebound from current support may provide a quick bounce opportunity toward 0.3800 resistance.
⚠️ Risk Management
Always risk only 1-2% of your capital per trade and adhere to your stop-loss levels to avoid unnecessary losses.
If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze!
#BTCNextATH?
#CryptoTrump2.0
#WyomingBTCReserves
#SOLVLaunchOnBinance
#TrumpCountDown
The $BIO /USDT pair is showing significant bearish momentum, currently trading at 0.3456 (-14.90%). A critical support zone at 0.3450 is being tested, with the next key support level at 0.3200. Resistance lies at 0.3800, with stronger resistance near 0.4200, where sellers have repeatedly defended.
📌 Trade Setup
Short Entry
Entry Range: 0.3500 - 0.3600
Target 1: 0.3300
Target 2: 0.3200
Stop Loss: 0.3700
Long Entry (Breakout Scenario)
Entry Range: 0.3800 - 0.3900
Target 1: 0.4000
Target 2: 0.4200
Stop Loss: 0.3650
🔎 Market Outlook
The price is trading below the key resistance zone of 0.3800, indicating strong downward pressure. A break below 0.3450 may open the door to lower levels at 0.3200, making short trades more favorable. However, a rebound from current support may provide a quick bounce opportunity toward 0.3800 resistance.
⚠️ Risk Management
Always risk only 1-2% of your capital per trade and adhere to your stop-loss levels to avoid unnecessary losses.
If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze!
#BTCNextATH?
#CryptoTrump2.0
#WyomingBTCReserves
#SOLVLaunchOnBinance
#TrumpCountDown
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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